Jan 18, 2017 • 20M

#507: Journalist Champions More Inclusive Community Capital

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Appears in this episode

Devin Thorpe
Some of the world's great changemakers join host Devin Thorpe to share leadership lessons you can use to increase your impact.
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Never miss another interview! Join Devin here: http://bit.ly/joindevin. Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/2igQ4zp. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. ---------------- Amy Cortese is a rare bird indeed. She is almost alone in focusing her pen on crowdfunding’s ability to build underserved communities. She is equally interested in the place-based communities and demographic communities. Her book, Locavesting, is the definitive book on the topic. Amy’s business, also called Locavesting, serves as a source of information for communities seeking greater access to capital. Amy explains her view of the problem, “We live in an age of massive wealth inequality and lack of economic access, especially for women, people of color and those in underserved areas. How do we create an economy that works for all, instead of the few? The first thing is to tackle finance and channel more resources into communities.” Access to capital for underserved communities is one of the great promises of crowdfunding. By reducing the dependence of women and minorities on traditional sources of capital like banks and venture capital that have not met their needs, crowdfunding hold the potential to lift communities. Amy says, “Locavesting has chronicled and championed the rise of community capital.” ---------------- Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/2igQ4zp. Need a crowdfunding speaker? Learn more about Devin Thorpe at http://crowdfundingspeaker.org.